Spa Town Hévíz Loses around Ten Thousand Guests Because of War About 10,000 foreign guests have canceled their reservations in Hévíz, one of Hungary’s most popular spa towns, because of the... 2022.03.12.
Liszt Ferenc Airport Passenger Numbers Rise to 620,200 in February Passenger numbers at Liszt Ferenc International reached 620,199 in February, an increase of more than 1,000 percent from the same... 2022.03.11.
Hungary Trade Balance Shows Deficit for Seventh Month in a Row Hungary's trade balance showed a deficit for the seventh month in a row in January, a first reading of data... 2022.03.11.
Trade Association: Retail Chains Ready to Employ Refugees Hungary's retail chains hit by a labour shortage are "open to employing refugees" from Ukraine, the head of the National... 2022.03.11.
Hungary’s Richest Man Opens Two of His Hotels for Ukrainian Refugees Two companies owned by Lőrinc Mészáros, Hungary's richest businessman - who is also PM Viktor Orbán's childhood friend - are... 2022.03.11.
Shell Hungary Announces HUF 25,000 Top-Up Limit for Passenger Cars Shell Hungary has announced a gross 25,000 forint (EUR 66) limit on top-ups for passenger cars from Thursday. The limit,... 2022.03.10.
There Are Petrol Stations Where There Is No Petrol As we reported yesterday, there could be problems over the long weekend due to disrupted fuel supply. It seems, however,... 2022.03.10.
Artificial Fertilizer Firm Suspends Ammonia Production Nitrogénművek, Hungary's sole producer of artificial fertiliser, on Wednesday said it is suspending the energy-intensive production of ammonia due to... 2022.03.10.
Disrupted Fuel Supply Could Cause Problems over Long Weekend As we have previously reported, wholesalers are now more affected by the price cap due to the government having cut... 2022.03.09.
Forint Recovers after Central Bank’s Intervention The National Bank of Hungary decided to raise the upper band of its interest rate corridor on Tuesday which had... 2022.03.09.
More Than 16,000 Domestic Companies Affected by Russian-Controlled Sberbank Hungary’s Closure Following the bankruptcy of Sberbank Hungary, the bank's customers will be compensated up to 100,000 euro so most retail customers... 2022.03.09.
Inflation Reaches 15-Year High in February Consumer prices were 8.3 percent higher in February 2022 than a year earlier, breaking another 15-year record after 7.4 percent... 2022.03.09.
Another Big Rise in Wholesale Petrol and Diesel Prices Question Sustainability of Capped Prices The wholesale prices of petrol and diesel have again risen sharply. Thanks to the capped prices, customers are not affected... 2022.03.09.
As War between Russia and Ukraine Rages On, Orbán Govt’s Low Utility Prices Seem Unsustainable Low, state-regulated energy prices have been a recurring promise and a main campaign message of Viktor Orbán and his party... 2022.03.09.
Number of Ultra-wealthy Hungarians Rose by Almost 10% in Coronavirus-hit 2021 Coronavirus apparently didn't hit hard on the world's super-rich. The number of ultra-high net worth individuals, those with assets of... 2022.03.09.
Hungarian Tourism to Also Suffer Consequences of Russia’s War on Ukraine Budapest and several Hungarian spa towns, including Hévíz and Lake Balaton, will suffer a lack of Russian tourists, according to... 2022.03.08.
Budapest Airport Helps Refugees with Rescue Flights and Donations In response to the wave of refugees, Budapest Airport contacted the embassies operating in Hungary, relevant ministries, authorities, and aid... 2022.03.08.
Grain Export from Hungary Banned Hungary banned all grain exports effective immediately due to the price increases caused by the Russian war against Ukraine. Agriculture... 2022.03.07.
OTP Bank CEO: “I know Putin, but I dare not predict the outcome of the war” Sándor Csányi, CEO of OTP Bank, spoke about Russian President Vladimir Putin, the Russian-Ukrainian war, and the outlook for OTP... 2022.03.07.
Hungary’s Forint Sinks to New Historic Low The forint hit another historic low against major currencies in the interbank market on Monday morning. The Hungarian currency reached... 2022.03.07.
Industrial Output Up 8.9% in January Output of Hungary's industrial sector rose by an annual 8.9 percent in January, the fastest rate since summer, the Central... 2022.03.05.
